Accurate thermodynamic properties for species found in carbon-phenolic gas mixtures are essential in predicting material response and heating of carbon-phenolic heat shields of planetary entry vehicles. A review of available thermodynamic data for species found in mixtures of carbon-phenolic pyrolysis and ablation gases and atmospheres rich with C, H, O, and N such as those of Earth, Mars, Titan, and Venus, is performed. Over 1200 unique chemical species are identified from four widely used thermodynamic databases and a systematic procedure is described for combining these data into a comprehensive model. The detailed dataset is then compared with the Chemical Equilibrium with Applications thermodynamic database developed by NASA in order to quantify the differences in equilibrium thermodynamic properties obtained with the two databases. In addition, a consistent reduction methodology using the mixture thermodynamic properties as an objective function is developed to generate reduced species sets for a variety of temperature, pressure, and elemental composition spaces. It is found that 32 and 23 species are required to model carbon-phenolic pyrolysis gases mixed with air and CO2, respectively, to maintain a maximum error in thermodynamic quantities below 10%.